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Bankruptcy Law

Auteur : Louis Vogel

Sommaire de l’ouvrage
  • Introduction

  • Part 3: Judicial receivership

    • Title 2: Observation period

      • Chapter 2: Inventory

      • Chapter 7: Reconstitution of assets

        • Section 1: Actions in the collective interest

          • I: Concept of collective interest

          • II: Beneficiaries

            • A: Legal representative or commissioner for the enforcement of the plan

            • B: Controllers

          • III: Typology

          • IV: Allocation of sums recovered

      • Chapter 8: Closure for the purpose of paying off creditors

    • Title 3: Drawing up the economic, social and environmental balance sheet

465. Subsidiary jurisdiction of controllers

1 minute de lecture

Article L. 622-20(1) of the Commercial Code confers subsidiary jurisdiction on creditors appointed as controllers to act in the common interest of creditors in the event that the legal representative fails to act. In particular, this power may be exercised to act for the extension of an insolvency procedure on the basis of the merger of assets and liabilities or the fictitious nature of the legal …

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